Garuda - Garba Rujukan Digital

Do We Need a Regulation on Dividends for Indonesia Stock Exchange? Leo Indra Wardhana; Eduardus Tandelilin
Gadjah Mada International Journal of Business Vol 20, No 1 (2018): January-April
Publisher : Master in Management, Faculty of Economics and Business, Universitas Gadjah Mada

This study examines the dividend life-cycle hypothesis and the propensity of non-financial firms listed on the Indonesia Stock Exchange (IDX) to pay dividends, in light of a recent idea by the IDX to regulate dividend payments. Using several proxies of the life cycle, the results consistently show that Indonesian listed firms follow the dividend life-cycle hypothesis. Our results recommend that if the authority insists on regulating dividend payments, the regulation should take into account the firms’ life cycles. Firms should only be required to pay dividends when they reach a certain stage and/or meet defined characteristics, according to their stage or characteristics.

Teori Penjaminan Simpanan Perbankan: Sebuah Intisari Leo Indra Wardhana; Sufitri Sufitri
Performance: Jurnal Personalia, Financial, Operasional, Marketing dan Sistem Informasi Vol 26 No 2 (2019): Performance
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

This article summarizes the two main theories of deposit insurance, i.e. Diamond and Dybvig (1984) and Keraken and Wallace (1978), as well as discussing how the system is implemented in Indonesia and ASEAN countries. The article aims to give a simple yet comprehensive understanding for banking and finance students on two main theoretical papers in banking, both for under- and postgraduate students.

Reaksi Pasar atas Pengumuman Dividen: Sebuah Tinjauan Ulang Fransisca Astuti Mutiara; Leo Indra Wardhana
Performance: Jurnal Personalia, Financial, Operasional, Marketing dan Sistem Informasi Vol 27 No 2 (2020): Performance
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20884/1.jp.2020.27.2.3277

This study revisits the market reactions on the dividend payment events, cum-dividend date and payment date, using the event study method. The sample of this study includes all dividend announcements from 2017 to 2018 in the Indonesia Stock Exchange. This study performs various robust statistical tests proposed by Harrington and Shrider (2007), who point out that standard classical t-test is not enough to ensure abnormal return on an event because of the bias due to volatility caused by an event. Using various statistical tests for testing the abnormal return, this study shows that the market indeed reacts to the cum-dividend date and dividend payment date, as well as showing that the classical t-test showing the same conclusion as the other tests.

Microfinance and Inequality: Case of Indonesia Leo Indra Wardhana; Fani Pramuditya; Elton Buyung Satriyanto
SRIWIJAYA INTERNATIONAL JOURNAL OF DYNAMIC ECONOMICS AND BUSINESS SIJDEB, Vol. 4 No. 3, September 2020
Publisher : Faculty of Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/sijdeb.v4i3.211-228

This study aims to investigate the role of microfinance from small-sized banks, usually with a limited geographical area of operation, in Indonesia, namely Bank Perkreditan Rakyat (BPR) on the income inequality. Using a province level panel data of 2012-2018, the results show that loans from such a bank are associated with income inequality reduction, supporting the arguments that microfinance contributes to income inequality reduction. This study provides an indication that micro finance in the form of small-sized bank also have an important role in the financial inclusion, by providing access to finance to micro and small business as well as to the poor that cannot benefit the development of big national commercial banks and capital market. This study has an important policy implication regarding the role of Bank Perkreditan Rakyat in Indonesia.

Teori Penjaminan Simpanan Perbankan: Sebuah Intisari Leo Indra Wardhana; Sufitri Sufitri
Performance: Jurnal Personalia, Financial, Operasional, Marketing dan Sistem Informasi Vol 26 No 2 (2019): Performance
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar

This article summarizes the two main theories of deposit insurance, i.e. Diamond and Dybvig (1984) and Keraken and Wallace (1978), as well as discussing how the system is implemented in Indonesia and ASEAN countries. The article aims to give a simple yet comprehensive understanding for banking and finance students on two main theoretical papers in banking, both for under- and postgraduate students.

Reaksi Pasar atas Pengumuman Dividen: Sebuah Tinjauan Ulang Fransisca Astuti Mutiara; Leo Indra Wardhana
Performance: Jurnal Personalia, Financial, Operasional, Marketing dan Sistem Informasi Vol 27 No 2 (2020): Performance
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/1.jp.2020.27.2.3277

This study revisits the market reactions on the dividend payment events, cum-dividend date and payment date, using the event study method. The sample of this study includes all dividend announcements from 2017 to 2018 in the Indonesia Stock Exchange. This study performs various robust statistical tests proposed by Harrington and Shrider (2007), who point out that standard classical t-test is not enough to ensure abnormal return on an event because of the bias due to volatility caused by an event. Using various statistical tests for testing the abnormal return, this study shows that the market indeed reacts to the cum-dividend date and dividend payment date, as well as showing that the classical t-test showing the same conclusion as the other tests.

Evaluating the Potential of Brown Sugar Product as An Effort to Increase the Economic Welfare of Coconut Farmers in Sidorejo Village, Kapenewon Lendah, Kabupaten Kulon Progo Fani Pramuditya; Leo Indra Wardhana; Saiqa Ilham Akbar; Elton Buyung Satrianto
Jurnal Pengabdian dan Pengembangan Masyarakat Vol 5, No 1 (2022): MEI 2022
Publisher : Pengabdian dan Pengembangan Masyarakat Sekolah Vokasi UGM

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/jp2m.70707

This study aims to give innovation and value added to the brown sugar produced by the community in Sidorejo Village. The purpose is to provide a better income for the coconut farmer as well as to optimize the roles of BUMDES Binangun Dadi Maju as an economic catalyst. This project was conducted in Desa Sidorejo, Kapenemon Lendah, Kabupaten Kulon Progo, Daerah Istimewa Yogyakarta. There are three stages applied in this program i.e.: preparation, application and evaluation. Recommendations and guidance were given to the farmer and BUMDES to develop the brown sugar product and to produce the liquid brown sugar product. The new product development is still under evaluation for the commercial purpose.

Title

Found 7 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 7 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 7 Documents
Search